What about Saturday night tattslotto? I hear you ask.
Saturday night Tattslotto has two settings. The $4m draw and occasionally they'll put on a $20m superdraw. The probability of the $4m draw jackpotting ranges from 1.3% to 0.4% (for 35m to 45m ticket sales), this draw has only jackpotted once in the period of review (1 July 2019 - 19 July 2020). The probability of the $20m superdraw jackpotting is extremely low (~once every 36,000 years).
What are trends here? For the $4m draw, ticket sales are trending at a growth rate of 9% per annum. The number of tickets sold are now routinely increasing the 1st division pool to over $5 million. They may rebadge this draw as the $5 million jackpot draw.
There are a lot less $20m superdraws, but the trend is consistent. From ~91.5m ticket sales at the start of FY20 to ~117.2m ticket sales at the end of FY20. This equates to growth of 28% in the last year.
What percentage of ticket sales for Saturday Tattslotto has Jumbo captured? It's significantly less as a proportion of overall sales when compared to Powerball or the other games on offer. I'll be delving into the market share statistics for the games in next week's installment.
JIN Price at posting:
$10.90 Sentiment: Buy Disclosure: Held
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